#BTC Be Patient, Big things Take time
Updated
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I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#Bitcoin Long Term Technical Analysis:-
In this weekly time frame, BTC is trading inside this expanding triangle pattern and is currently at the lower level of this pattern.
Which is at 1428D long Strong support also BTC must hold this level. If BTC breaks down to this level then 11k to 112K is the next stopping point.
I am accumulating BTC in this range and what if BTC drop towards 11k to 12k then I will buy more, no one can catch the accurate bottom.
TARGET:- 73k, 90k, 150k,
This is not a piece of financial advice.
(DYOR)
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#Bitcoin Long Term Technical Analysis:-
In this weekly time frame, BTC is trading inside this expanding triangle pattern and is currently at the lower level of this pattern.
Which is at 1428D long Strong support also BTC must hold this level. If BTC breaks down to this level then 11k to 112K is the next stopping point.
I am accumulating BTC in this range and what if BTC drop towards 11k to 12k then I will buy more, no one can catch the accurate bottom.
TARGET:- 73k, 90k, 150k,
This is not a piece of financial advice.
(DYOR)
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
Note
In the daily time frame, BTC is forming this falling wedge pattern.
According to the pattern, we expect more drops up to 15k and then a bounce.
> RSI I is sowing some bullish divergence move
> But as we all know, we need a breakout to confirm this pattern.
Note
#BTC UPDATE
BTC is trading inside this rising channel and holding this 18.8k support level we are expecting some bounce from here up to the 18.6k level.
>We have 100ma as local support
>RSI is not showing any bullish movement, Singh.
> We have 16.8k and a lower trendline of this rising channel as support.
> 17.3k and 18.5k as resistance
Stay tuned I will keep updated the chart if the market makes any movement.
Note
#BTC End of the bear market signal!
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